Yearly Archives: 2012

June 17, 2012. An article by Jerry Zremski, Buffalo News. Excerpt: In a clear break from tradition, New York State has ranked in the lower half of the 50 states in spending growth during the last two budget years - athough the Empire State's welfare recipients and public employees have gotten off easy compared with their peers in many parts of the country. Those are the key conclusions about New York in the most recent version of the Fiscal Survey of the States, a twice-yearly [...]

June 16, 2012. An article by Catherine Curan, New York Post. The Great Recession is dealing a body blow to New York's battered middle  class. An astonishing 55,000 families dropped out of the middle class in New York  state between 2007 and 2010. In New York City, more than 37,000 families fell to the bottom rungs of the  socioeconomic ladder in the same time period. In 2010, there were 4.6 million families in the state and 1.2 million  families in the city that were solid [...]

June 16, 2012. At the Manhattan office of the New York Immigration Coalition, a group of activists and students directly affected by the new policy gathered to watch Obama announce the plan. Reported by Mathew R. Warren, Channel 4 NBC New York. Excerpt: While the new policy does not create a path to citizenship, as the DREAM Act would, it will allow eligible immigrants to work legally and remain in the country for extended periods. Approximately 3,600 illegal immigrants graduate high school in New York [...]

June 16, 2012. An article by Carolina Ledezma, El Diario / La Prensa.

June 15, 2012. An article by Josh  Sanburn, Time Business.

June 14, 2012. Newcomers to the U.S. are increasingly  opening firms beyond major cities, energizing local economies. An article by Miriam  Jordan, Wall Street Journal. Immigrants are more inclined to own small businesses than native-born Americans and are increasingly opening shop in areas beyond the major cities in which they have traditionally settled, a trend that is energizing local economies and reshaping communities. Immigrants accounted for 18% of the country's 4.9 million small-business owners in 2010, a six-percentage-point increase from two decades earlier, according to analysis [...]

June 14, 2012. Study: Nearly one half of small businesses in New York City are owned by immigrants. An article by Phyllis Furman, New York Daily News. They're coming to America - and starting businesses. Immigrant entrepreneurship is on the rise both in New York City and across the country, with immigrants owning a disproportionately large number of small businesses, according to a just released study from the Fiscal Policy Institute. As of 2010, more than one in six small business owners in the U.S. [...]

June 14, 2012. 11% of metro area small-business owners are  immigrants. An article by Allie Shah, Star Tribune (Twin Cities, MN). It's a few minutes before noon on Wednesday at the Midtown Global Market in Minneapolis, and customers already are lined up outside Pham's Deli. Owner Trung Pham has been serving pho, bubble tea and other delicacies from his native Vietnam to a diverse clientele for six years. He made the switch to owning his own business after 20 years of working in the insurance [...]

June 14, 2012. About one-third of Inland small businesses are started by people not born in the U.S, notes an analysis of census data. An article by David Olson, Riverside (CA) Press-Enterprise. In an Indiana Avenue strip mall just off Highway 91 in Riverside, there’s an Egyptian-run dry cleaner, a Thai-owned postal-services shop, a Mexican-operated Christian bookstore, a Chinese foot-massage business, a Cambodian-owned deli and an Egyptian-run pizza cafe. Only one business in the center has a U.S.-born owner. Such concentrations of immigrant-owned businesses are [...]

June 14, 2012. An article by Kevin C. Keller, Denver Post. Immigrant-owned small businesses bring in an average of $684 million a year to Colorado, according to a newly released study by the Fiscal Policy Institute in New York. The $684 million figure, determined using revenues from 2006 through 2010, represents 7 percent of earnings for all small businesses in Colorado. A small business was defined as a privately held firm with fewer than 100 employees. The report found there are just more than 13,000 immigrant-owned firms [...]

June 14, 2012. An article by Lydia Warren, (Daily Mail, UK) mailonline.com.

June 14, 2012. An article by Alan Gomez, USA  Today.